For the entire first half of 2025, Škoda Auto increased its operating profit by 12 percent year-on-year to almost EUR 1.29 billion. Škoda's revenues rose from last year's EUR 13.65 billion to EUR 15.07 billion, and total vehicle sales increased to 582,000 from 548,000 a year ago.

The entire Volkswagen Group, to which Škoda Auto belongs, reported a year-on-year decline in operating profit of 33% to EUR 6.7 billion in the first half of the year. Car sales rose slightly to 4.36 million from 4.34 million a year ago, but revenue from car sales fell by 0.3% to EUR 158 billion.

According to the carmaker, the year-on-year increase in Škoda car sales of 6.3% is mainly due to strong demand for the Elroq and Enyaq electric SUV models. Demand for the Kodiaq model has also increased. According to the report, the Kylaq model has been successful on the Indian market.

In March this year, Škoda Auto also launched production at its new plant in Ha Long, northern Vietnam. In the future, it plans to assemble up to 120,000 cars per year from parts manufactured in India and Europe. The factory could be expanded as early as next year. Škoda's Vietnamese partner, Thanh Cong Viet Hung (TCVH), is planning to build two new halls: an assembly line and a body shop.

Prepared by foreign office CzechTrade Romania.
Source: E15.cz